Funding you earn now, next payment 09:00 UTC+0.0099%/8h= +10.8% APRpaid last 24h +0.009%
Price spread now: MEXC against dYdX−0.079%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.165%+$16 · spread now −0.079%, 7d avg −0.119%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.040% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.119%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX PYTH-USD | 0.06309 | 0.0001 | pay 0.0000% / 1h | 39m 37s | $187K | $19 | 5x |
| Short | MEXC PYTH_USDT | 0.06304 | 0.0100 | get 0.0050% / 4h | 3h 39m | $10.7M | $2.8M | 125x |
dYdX PYTH-USD
MEXC PYTH_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.78
- Price spread: −0.079% → −0.119%
- $3.98
- Slippage, 4 orders
- −$73.39
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$58.64
- Costs to cover
- 0.834%
- Break-even
- 26.8 days
Slippage from dYdX: live order book, 59 min ago; MEXC: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX live order book, 59 min ago | 30.07 bp | 37.3 bp −$37 | 139.5 bp −$1,395 | 172.3 bp −$17.2K | 380.2 bp −$190.1K |
| Sell MEXC live order book, 4 min ago | 1.59 bp | 5.0 bp −$5 | 12.6 bp −$126 | 82.9 bp −$8,292 | 199.7 bp −$99.9K |
PYTH on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0384% | 1h | 0.06307 | −0.032% | $10K | $10K | 10x | as long as short |
| dYdX PYTH-USDlong | +0.0001% | 1h | 0.06309 | long leg | $187K | $19 | 5x | |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −0.777% | $553 | $220K | 5.5x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06315 | +0.095% | $195K | $214K | 5x | as long as short |
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06303 | −0.096% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06313 | +0.059% | $2.2M | $1.9M | 5x | as long as short |
| Aster PYTHUSDT | +0.0100% | 4h | 0.06310 | +0.015% | $21K | $47K | 10x | as long as short |
| Binance PYTHUSDT | +0.0100% | 4h | 0.06304 | −0.086% | $9.1M | $19.9M | 75x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06308 | −0.016% | $7.5M | $5.0M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06307 | −0.032% | $2.1M | $3.5M | 50x | as long as short |
Deribit PYTH_USDC-PERPETUAL
Injective PYTH/USDC PERP
Lighter PYTH
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Aster PYTHUSDT
Binance PYTHUSDT
Bybit PYTHUSDT
OKX PYTH-USDT-SWAPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate PYTH_USDT | +0.0100% | 4h | 0.06300 | −0.143% | $1.0M | $509K | 75x | as long as short |
| MEXC PYTH_USDTshort | +0.0100% | 4h | 0.06304 | −0.079% | $10.7M | $2.8M | 125x | |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06311 | +0.032% | $1.5M | $371K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06304 | −0.079% | $2.7M | $2.3M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06305 | −0.063% | — | $2.8M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06315 | +0.100% | $35K | $60K | 10x | as long as short |
| Variational Omni PYTH | +0.0100% | 4h | 0.06302 | −0.111% | $40K | $26K | — | as long as short |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06303 | −0.093% | $2K | $2K | 10x | as long as short |
| Aevo PYTH-PERP | +0.0104% | 1h | 0.06304 | −0.073% | $23K | — | 3x | as long as short |
| BloFin PYTH-USDT | +0.0106% | 4h | 0.06312 | +0.048% | $429K | $74K | 75x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06298 | −0.170% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSD | +0.0467% | 1h | 0.06313 | +0.056% | $383K | $300K | 25x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0536% | 1h | 0.06427 | +1.870% | $40K | $19K | 25x | as long as short |
Gate PYTH_USDT
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Variational Omni PYTH
Orderly PERP_PYTH_USDC_mythos
Aevo PYTH-PERP
BloFin PYTH-USDT
Reya PYTHRUSDPERP
Kraken Futures PF_PYTHUSD
Coinbase International PYTH-PERP-INTX